Archives for September 2015

A Lesson From The Shark Tank: Simplicity & Focus

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I love the Shark Tank.  It’s not only great entertainment, it’s a fantastic education to the start-up world and how entrepreneurs pitch investors, what’s important to both sides, sales/communication and how both sides come together to form a partnership (or not).

While all the sharks are brilliant, maybe the best overall clip I’ve seen is “Money” featuring Kevin O’leary.  He hits every important theme in brutal clarity.

It is clear how Kevin O’leary views the world.  He keeps it simple, and he evaluates everything quickly with a disciplined approach.  Everyone that watches the show, or this clip will quickly realize that you need to get to the point, show value, and most importantly, leave no doubt as to how you will protect and make money.

This got me thinking….

What if everyone had a “vision” as crystal clear as Mr. Wonderful’s, regardless of what they do in life?

What if everyone had a bed-rock mantra that differentiates them and makes them stand out?

Would they not be more successful?  More happy in whatever they do?  ABSOLUTELY.

Lets take your basic professional worker in a “grey area” results role.  I consider a grey area role anything that is not PURE and tied to easily measurable contribution, which in business is the majority of roles.

  •  Direct Sales may be the easiest to assign a numerical contribution too, although the value of sales driven by one person vs all the other contributors is always debatable.

How do MOST workers value their OWN performance to their employer?

If I had to sum it up, MOST would view their performance in terms of INPUTS, not OUTPUTS.  In other words, the amount of effort, dedication, attitude and approach they put into the role, vs the actual outcome of all those characteristics.

  • If I work hard and put in the extra hours, life will be good.
  • If I’m well respected and liked, life will be good.
  • If I’m dependable, reliable and know my job I’ll be valuable.
  • And on the story goes….

What would the Kevin O’leary equivalent manager use to evaluate the performance?

OUTPUTS FIRST.  INPUTS second.  And a distant second.

 

 

If you want the long version spread across all of the sharks, here’s a good one.

 

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Why Labor Day is My Favorite Holiday

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A 2011 Harris Poll Caught my eye, ranking America’s favorite Holidays, and then segmenting that info by generation and gender.

I’ll admit it:  Labor Day is MY favorite Holiday.

In the past I’ve called it Under-rated.  Misunderstood.  Now I’ll just call it my favorite.

Religious convictions aside, I have to wonder why it doesn’t crack the top 5, at least in 2011 it did not (it ranked #8).

  • Economic pressure?

  • No religious affiliation?

  • End of something great (summer)?

  • The stigma associated with “WORK?”  It’s a four letter word not just literally, but metaphorically.

Who knows.  And really, who cares!  People have the right to call whatever holiday is their favorite.

Here are my reasons, kind of off the top of my head.

  1. It has been said that the greatest social program known to man and government is a job.  AGREE.

  2. All jobs, regardless of pay matter.  If you think hard enough, many of your values and life lessons can trace back to your early years working.

  3. When you receive compensation for anything (products, hours, etc) you are exchanging one thing of value for another.  This exchange system is as old as the dawn of civilization.  There’s something special about anything that goes back centuries.

  4. There’s something democratic about capitalism.  The free enterprise system, with all its flaws tends to find a price/value for all jobs in demand.  The greater the demand, lower the supply, the higher the price.  These laws almost always ring true.

  5. The USA is a country of immigrants.  Not a debate.  Immigrants come to the USA in search of a better life.  What was tops on their mind to do that?  A JOB.

  6. Our economy moves at light speed.  A profession today could be wiped out in 2 years for a number of reasons.  That creates risk.  It also creates opportunity.  Either way, it should keep you on your toes.

  7. Maybe I just think of “Labor” or work, as the back-bone of our country and it’s free enterprise system.  FREEDOM.  CHOICE.  Land of OPPORTUNITY.

The nightly news has always puzzled me.  The sentiment always seems to be so negative.

Personally, when I think of America I ALWAYS have a smile on my face.
  • I see so many people work, struggle, succeed, help each other, grind away, figure it out, and generally move forward.  I see people with seemingly average ability go on to be wild successful.  I see people that (on the surface) get lucky, but when you hear their story, they usually found a way to create that luck by choices they made.
  • I see people struggle to figure out how to pick up their kids at school when their employer asks them to hang in an extra hour or 2.
  • I see the overwhelming majority of people get up in the morning and WANT to put a good, honest days effort and provide for their families.  And many of these same people have a fire in their belly to improve on their current lot in life and grow, from wherever they are today.

“Work” to me is something you DO.  It’s a choice.  It’s a skill.  It’s the path to whatever life you hope to live.  Sure, Turkeys and Goblins are fun.  But if I’m going to give you my number one holiday, Labor Day gets my vote.  

 

Base: All adults (Source:  Harris Interactive, Link Below).

Generation

Gender

Echo Boomers (18-34)

Gen X

(35-46)

Baby Boomers

(47-65)

Matures

(66+)

Male

Female

Christmas

Christmas

Christmas

Christmas

Christmas

Christmas

Thanksgiving

Thanksgiving

Thanksgiving

Thanksgiving

Thanksgiving

Thanksgiving

Halloween

Halloween

Fourth of July

Fourth of July

Fourth of July

Halloween

Fourth of July

Fourth of July

Halloween

Easter

Halloween

Easter

Easter

Easter

New Years

Halloween

New Years

Fourth of July

http://www.harrisinteractive.com/NewsRoom/HarrisPolls/tabid/447/ctl/ReadCustom%20Default/mid/1508/ArticleId/878/Default.aspx

 

 

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